Identify the correct explanation of the internal rate of return - it is the interest rate that

Question:

Identify the correct explanation of the internal rate of return - it is the interest rate that equates the present value of expected future net cash flows to:

A. the initial cost of the investment outlay 

B. the depreciation value of the investment 

C. the terminal (compounded) value of future cash receipts 

D. the firm's cost of capital

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question
Question Posted: